Blockstream secured US $125M in convertible note and secured loan. Kingsway Capital led the convertible note with Fulgur Ventures and others participation. Cohen & Company Capital Markets acted as exclusive financial advisor while Osler, Hoskin & Harcourt LLP acted as legal counsel. Continue Reading
Andrew Black founded VetCare Canada Holdings Inc. secured $100M minority equity funding by way of private placement. Deloitte Corporate Finance Inc. acted as exclusive financial advisor. Continue Reading
Greg Malpass founded Traction Complete secured $5M in growth financing led by Pender Ventures and Thomvest Ventures. Continue Reading
Andrew Wilkinson and Chris Sparling led Tiny Capital Ltd. to go public on TSX-V, valued at $691M, through combination (RTO) with WeCommerce Holdings Ltd. Wilkinson and Sparling will own 71% and 10%, respectively, of combined company valued at enterprise value of $962M. Continue Reading
Starboard Value LP to invest US $500M in Ritchie Bros. Auctioneers Incorporated. Starboard CEO Jeffrey Smith will join Ritchie Bros. board of directors following approvals by Ritchie Bros. shareholders and closing of pending acquisition of IAA, Inc.
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Thoma Bravo to acquire Magnet Forensics Inc. for $1.8B on a fully-diluted, in-the-money, treasury method basis, inclusive of rollover shares held by Jad Saliba, Adam Belsher, Jim Balsillie. Magnet Forensics will merge with Thoma Bravo majority controlled Grayshift. Continue Reading
Brendan King founded and Vanedge Capital, BDC Capital, Lugard Road Capital backed Vendasta celebrated 15th year in operation and expected to announce new financing, adding to $160M raised so far. Continue Reading
Battery Ventures agreed to make a significant investment in AscendantFX Capital Inc. Raymond James Ltd. acted as exclusive financial advisor to AscendantFX and McCarthy Tétrault LLP acted as legal counsel. Continue Reading
Notch secured US $10M new funding led by Portage Ventures with participation from Golden Ventures, Math Ventures, Accomplice, Pre-Cursor Ventures, Garage Capital and Plexo Capital. Ricky Lai, Partner at Portage, will join Notch board of directors. Continue Reading
Raquel Urtasun founded Waabi secured a strategic investment from Volvo Group Venture Capital (VGVC), following US $83.5M Series A in 2021 led by Khosla Ventures with participation of Uber, Radical Ventures, 8VC, OMERS Ventures, BDC Capital, and others. Continue Reading
Sean Monteiro and Francesco Virga founded Bounced secured seed financing led by Primary Venture Partners (PVP). Jason Shuman, GP at PVP, joined Bounced board of directors. Continue Reading
Summit Nanotech secured US $50M Series A2 funding led by Evok Innovations and BDC Capital with participation of Xora Innovation, Capricorn Investment Group, Volta Energy Technologies, NGP, Helios Climate Ventures, and The Grantham Foundation. Continue Reading
Shockwave Medical, Inc. (NASDAQ: SWAV) to acquire Neovasc Inc. (NASDAQ/TSX: NVCN) for US $27.25 per share for US $100M upfront in cash, plus up to US $12 per share in deferred payment for up to US $47M. Continue Reading
François Roy-Moisan and Louis Brun founded Sollum Technologies secured $30M new funding from Idealist Capital ($25M) and Fondaction ($5M). Idealist’s Pierre Larochelle and Steeve Robitaille joined Sollum board of directors. Continue Reading
enrichAg, spinoff of VC backed Terramera, secured US $6M seed funding from At One Ventures (AOV) with target of US $15MContinue Reading
Dieter Thiem and Leon Bell founded No Meat Factory secured US $42M Series B funding led by Tengelmann Twenty-One KG’s Tengelmann Growth Partners with participation from existing investor Emil Capital Partners (ECP) who initially invested during company formation in 2019. Continue Reading
Mathew Zimola and Hossein Salimian founded ReelData AI secured US $8M Series A funding led by Buoyant Ventures with participation of S2G Ventures and The Nest Family Office. Amy Francetic, managing general partner of Buoyant Ventures, joined RealData board of directors.Continue Reading
